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Investment Highlights

  • Great investment property around the MLK intersection . Next to the new UC uptown new billion dollar devolepment

Executive Summary

Retail property sitting on 1/3 of an acre on busy Reading Road in Cincinnati. Next to the University of Cincinnati Innovation Hub and billion dollar development.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,200 SF
Building Class
C
Year Built
1950
Price
$1,700,000
Price Per SF
$1,416.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
CC-A
Parking
15 Spaces (9.86 Spaces per 1,000 SF Leased)
Frontage
150’ on READING RD

Amenities

  • Pylon Sign
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Avondale Beer Drive Thru
  • Retailer
  • 1,200 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Avondale Beer Drive Thru Retailer 1,200 SF - -
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100

Nearby Major Retailers

U.S. Bank
Starbucks
First Financial Bank
PNC Bank
Nature's Table
Fifth Third Bank
Skyline Chili
Tim Hortons
Mio's Pizzeria
LaRosa's Pizzeria

Property Taxes

Property Taxes

Parcel Number
091-0002-0203
Land Assessment
$15,540
Improvements Assessment
$8,624
Total Assessment
$24,164
  • Listing ID: 20215577

  • Date on Market: 7/9/2020

  • Last Updated:

  • Address: 3016 Reading Rd, Cincinnati, OH 45206

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